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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| GE Aerospace | NYSE:GE | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 3.47 | 2.17% | 163.47 | 163.74 | 159.23 | 160.07 | 7,132,527 | 23:44:35 |
From May 2019 to May 2024
By Colin Kellaher
General Electric Co. (GE) on Thursday said its GE Transportation unit received an order for five diesel-electric locomotives for Chilean private transport provider Ferrocarril de Antofagasta, or FCAB.
The value of the order wasn't disclosed. FCAB is the transport division of Antofagasta PLC (ANTO.LN).
GE Transportation said its first locomotive deal in Chile includes a parts, service and warranty agreement.
The locomotives, to be delivered next year, will be assembled at GE's facility in Contagem, Brazil, and will be used to transport products for Chile's vital mining industry, GE said. GE Transportation said its sales in South America are up 40% over the last three years.
GE in May agreed to merge its railroad business with Wabtec Corp. (WAB) in a deal valued at roughly $11 billion after examining options for its transportation division, which has struggled with falling profit and sales in recent years.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
July 19, 2018 10:12 ET (14:12 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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